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  • Michel Péretié, the ex-chief executive of Société Générale CIB, has backed the creation of a new SME bank focused on the Benelux region and Germany.
  • The Reserve Bank of India (RBI) will let banks buy shares in real estate and infrastructure investment trusts (Reits and InvITs), removing one of the last hurdles for an asset class that has struggled to get off the ground for years. But some market participants still have doubts, warning that the debut deal will not come swiftly. John Loh reports.
  • The Singapore Exchange (SGX) and Shanghai Pudong Development Bank (SPDB) signed a memorandum of understanding (MOU) on Wednesday aimed at strengthening cross-border capital market access.
  • Hong Kong’s market regulator has laid out its approach for the listing of infrastructure project companies, addressing potential risks from IPOs in the sector.
  • UBS has appointed May Yan as a managing director to lead its equity research coverage of Greater China financials, according to a memo seen by GlobalCapital Asia.
  • India’s central bank will allow the country’s lenders to invest in real estate and infrastructure investment trusts, the latest in a series of regulations aimed at bringing the asset class to life.